Animoca Brands and Standard Chartered Establish Stablecoin Issuer in Hong Kong

Animoca Brands, a leading player in the gaming and digital asset space, has joined forces with Standard Chartered, the prominent global bank, to establish a new stablecoin issuing entity based in Hong Kong. This strategic collaboration aims to create a cryptocurrency that is pegged to a stable asset, providing a reliable digital currency option for consumers and businesses in the rapidly evolving financial landscape of the region. The venture reflects both companies' commitment to innovation in the blockchain sector and their vision for enhancing the use of digital currencies in everyday transactions. source: https://www.coindesk.com/policy/2025/08/08/animoca-brands-and-standard-chartered-establish-stablecoin-issuer-in-hong-kong